LIC MF Large & Mid Cap Fund vs Navi Large & Midcap Fund
Mid Cap Mutual FundsDetailed head-to-head comparison of LIC MF Large & Mid Cap Fund (LIC Mutual Fund) versus Navi Large & Midcap Fund (Navi Mutual Fund). Sourced from official AMFI daily NAV disclosures with statutory taxation and SIP compounding schedule.
Key Fund Metrics Comparison
| Parameter | LIC MF Large & Mid Cap Fund | Navi Large & Midcap Fund |
|---|---|---|
| Asset Management Company (AMC) | LIC Mutual Fund | Navi Mutual Fund |
| Category & Benchmark | Mid Cap Mutual Funds NIFTY Midcap 150 TRI |
Mid Cap Mutual Funds NIFTY Midcap 150 TRI |
| Latest NAV (Direct Growth) | Rs 43.2645 As of 05-Oct-2026 |
Rs 42.3782 As of 05-Oct-2026 |
| Growth ISIN (Primary) | INF767K01NE9 | INF959L01CH6 |
| Recommended Horizon | 5 to 7 Years | 5 to 7 Years |
| Budget 2024 LTCG Tax | 12.5% on gains > Rs 1.25 Lakh (Sec 112A) | 12.5% on gains > Rs 1.25 Lakh (Sec 112A) |
| STCG Tax (< 12 Months) | 20% flat (Sec 111A) | 20% flat (Sec 111A) |
| Zero-Commission Platforms | Zerodha Coin, Groww, Angel One | Zerodha Coin, Groww, Angel One |
SIP Wealth Projection (Rs 5,000 / Month)
Hypothetical compounding schedule for systematic investment plans (SIP) in either fund assuming a long-term normalized 12% annual CAGR:
| Tenure | Total Invested Principal | Estimated Wealth @ 12% CAGR | Capital Appreciation |
|---|---|---|---|
| 1 Year | Rs 60,000 | Rs 64,047 | +Rs 4,047 |
| 3 Years | Rs 1,80,000 | Rs 217,538 | +Rs 37,538 |
| 5 Years | Rs 3,00,000 | Rs 412,432 | +Rs 112,432 |
Direct vs Regular Plan Compounding Impact
Both LIC MF Large & Mid Cap Fund and Navi Large & Midcap Fund offer Direct and Regular plans. Choosing Regular plans deducts up to 1.0% each year from your NAV to pay broker distributor commissions. Over a 15-year SIP of Rs 5,000/month, choosing Direct Plan generates an extra Rs 228,592 directly in your pocket.
Frequently Asked Questions
Which fund is better between LIC MF Large & Mid Cap Fund and Navi Large & Midcap Fund?
Both LIC MF Large & Mid Cap Fund (managed by LIC Mutual Fund) and Navi Large & Midcap Fund (managed by Navi Mutual Fund) operate within the Mid Cap Mutual Funds category following NIFTY Midcap 150 TRI. Selection depends on your risk tolerance: examine portfolio concentration, fund manager tenure, cash allocation, and tracking difference. Always opt for the Direct-Growth plan to eliminate distributor trail commissions.
How much extra corpus do I earn by choosing Direct Plan over Regular Plan?
Direct plans have an expense ratio approximately 0.75% to 1.25% lower than Regular plans because no distributor commission is paid. On a Rs 5,000 monthly SIP running for 15 years at an assumed 12% annual return, choosing the Direct plan creates an estimated extra wealth of Rs 228,592 compared to the Regular plan.
What is the capital gains tax on LIC MF Large & Mid Cap Fund and Navi Large & Midcap Fund under Budget 2024 rules?
Under Budget 2024 (Section 112A), equity mutual funds held for more than 12 months qualify for Long Term Capital Gains (LTCG) tax at 12.5% on capital gains exceeding the exemption threshold of Rs 1,25,000 per financial year. Units redeemed within 12 months are subject to Short Term Capital Gains (STCG) tax at 20% under Section 111A.
Can I invest in LIC MF Large & Mid Cap Fund and Navi Large & Midcap Fund with zero brokerage?
Yes. Discount brokers including Zerodha (Coin), Groww, and Angel One provide 100% zero-commission direct mutual fund investments without charging transaction fees or distributor commissions.
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